Form 4: Western Digital Executive Cynthia Tregillis Disposes of Shares to Cover Tax Obligations

Cynthia Tregillis, CLO and Corporate Secretary of Western Digital, disposed of 379 shares of common stock on May 20, 2025, to cover tax obligations related to vesting securities.

Summary

• On May 20, 2025, Cynthia Tregillis, the CLO and Corporate Secretary of Western Digital, disposed of 379 shares of common stock.
• The transaction was executed to cover tax obligations arising from the vesting of securities.
• The shares were sold at a price of $50.63 per share.
• Following the transaction, Tregillis directly owns 158,696 shares of Western Digital common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among corporate executives. It provides transparency into the trading activities of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like Western Digital, similar to filings made by executives at comparable companies such as Seagate Technology and Micron Technology.
• The disposal of shares to cover tax obligations is a common occurrence among executives receiving equity compensation, aligning with standard practices observed across the technology industry.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Western Digital, WDC, Cynthia Tregillis, Form 4, insider trading, stock disposal, tax obligations, Rule 16b-3(e), CLO, Corporate Secretary